 Home > Chemicals Industry > New Chemical Materials > The aluminum market is weak, and it is recommended to be cautious

The aluminum market is weak, and it is recommended to be cautious

 Last Update: 2022-12-03
 Source: Internet
 Author: User

Tags

hydrocortisone 1 percent

4 closed

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On November 28, Shanghai spot 1# electrolytic aluminum quotation was 14580-14620 yuan / ton, down 40 yuan / ton, premium 230-liter 270 yuan / ton
.
Holders are stable and actively shipped, and the aluminum premium is relatively firm, and the market circulation is tight
.
The middleman is not willing to receive the goods at a high price, and the downstream enterprises purchase
according to demand.
The overall transaction was average
.

aluminium

U.
S.
crude fell nearly 4 percent on Friday amid uncertainty over whether the Organization of the Petroleum Exporting Countries (OPEC) would reach an agreement to cut production after Saudi Arabia said it would not attend Monday's meeting
between OPEC and non-OPEC countries to discuss the cuts.

The greenback slipped against major currencies on Friday as investors took advantage of a slight retreat in Treasury yields from recent highs and a shortening of holiday trading hours to consolidate gains this week after hitting a nearly 14-year high
.
LME three-month aluminum closed down 0.
8 percent at $
1,757.
Therefore, it is expected that the aluminum market will be stable for the time being, and it is recommended to be cautious and wait and see
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

China Factory Supply L-(-)-Malic Acid / L-Gydroxybutanedioicacid / pinguosuan CAS 97-67-6

CAS No.: 97-67-6

Industrial Grade

$1800-2000/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

2-Chlorobenzyl cyanide

CAS No.: 2856-63-5

Industrial Grade

$0.1/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.